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The Importance of Bank Account Validation

September 24, 2024

What is Bank Account Validation? Bank account validation is the process of verifying the accuracy and legitimacy of a bank account number. It involves checking if the account exists, is active, and belongs to the individual or entity claiming it. As fraud is on the rise, so is the importance of bank account validation. This […]

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AI in Procurement

June 15, 2023

It’s all about the analytics! AI (artificial intelligence) increases performance, lowers supplier risk, and decreases costs in procurement operations. Here are some key areas where procurement practitioners can utilize AI to make a significant impact on their operations: Demand Forecasting: AI algorithms can analyze historical data, market trends, and external factors to provide accurate demand […]

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